Past Summits

Along the path of transformation, technology is transforming the financial services industry and the way customers access financial products and services. Although the sector has experienced a significant degree of change in past few years, the constant change driven by technology-based applications in nearly every segment of FS is something new. At the intersection of finance and technology lies a phenomenon that has been accelerating the pace of change at a remarkable rate and is reshaping the industry’s status quo – it is called FinTech.

FinTech is a dynamic segment at the intersection of the financial services and technology sectors where technology-focused start-ups and new market entrants innovate not only the existing products and services but also new products and services otherwise considered impossible by traditional banking players.

As such, FinTech is gaining significant momentum and causing disruption to the traditional value chain. In fact, funding of FinTech start-ups more than doubled in 2015 reaching $12.2bn, up from $5.6bn. Cutting-edge FinTech companies and new market activities are redrawing the competitive landscape, blurring the lines that define players in the FS sector.

The 10th edition of the CII BANKing TECH Summit recognizes the fact that banks have managed to attain accelerated growth by adopting Fin-Tech and a new way of banking for customers, hence the theme ‘FinTech: Redefining banking for customers’

As the Indian financial services enters this exciting phase of building for the future, it may do well to learn from innovative solutions playing out across the world

FinTech poses a challenge to regulators, as there may be a risk of an uneven playing field between the FS and FinTech companies. It is observed that 86% of FS CEOs are concerned about the impact of overregulation on their prospects for growth, making this the biggest threat to growth they face.

Another significant element to be considered in framing of regulations is the pace at which technology advances and the way in which regulations need to keep up to stay with if not ahead of the Fintech advancements

Treading the path of transformation, the banking fraternity is embracing digital with open arms with a view to improve business performance and enhance value at all the customer touch points. Digital may not necessarily mean adding new technology or becoming more gadget friendly, the emphasis is more on using this existing technology, tools, platforms and extract the maximum benefit.The 9th edition of the CII BANKing TECH Summit recognizes the fact that banks have managed to attain accelerated growth by adopting digital, hence the theme

Banks taking a Quantum Leap through Digital.

The plenaries that we propose to discuss this year are as follows:

Digital Revolution in banking

Payment platforms and disruptive innovations

Shades of grey in Digital Banking

The digital revolution in banking swings in favour of doing more for the customer and bringing a whole new experience to him. Digital platforms, mobile technology are tools that are looked upon to simplify processes for the customer, enhance the quality of service and also empower the sales force to reach out to the target audience more efficiently.

Payments is one area which is experiencing a lot of innovative disruption. With the entry of new payment banks, the landscape is changing and payment solutions are being upgraded constantly to provide cost effective and scalable digital solutions.

The flip side of using attractive digital solutions is of course the risk of fraud and compliance to the numerous regulatory checks. There needs to be a robust framework in place to prevent and monitor fraud. The concern regarding privacy and confidentiality of data is also huge and needs constant attention.

In the backdrop of these key themes, it will be interesting to assess how these discussions shape up during the summit and the various perspectives which come to the forefront from the stakeholders.

The 8th edition of BANKing TECH Summit, CII’s flagship International Conference for the Indian Banking Technology Industry was held on 5 March 2014 in Mumbai. The Summit focused on how technology can break down barriers of reach, improve penetration in under-penetrated markets and help navigate through the continuously changing regulatory landscape.

The Summit was inaugurated by Chief Guest, Dr Deepali Pant Joshi, Executive Director, Reserve Bank of India who also released the CII-PwC Report on ‘Connecting the Dots: Wiring Business, Technology & Operations’. Mr David Edelheit, Partner – EMEA & UK, Financial Services Technology Leader, PricewaterhouseCoopers, UK gave an overview on the Report. The Summit was addressed by international speakers and eminent professionals from the Indian Banking Technology Industry. Over 250 MDs, CEOs & CIOs, along with cross functional professionals from the Banking & IT Industry participated at the Summit.

The 7th edition of BANKing TECH Summit, CII’s flagship International Conference for the Indian Banking Technology Industry was held on 28 June 2012 concurrent to the Banking Tech Expo 2012 in Mumbai. The Summit focused on how Financial Institutions have carved a new growth path for themselves through Innovation.

The Summit was inaugurated by Chief Guest, Dr K C Chakrabarty, Deputy Governor, Reserve Bank of India and Special Address was delivered by Mr Pratip Chaudhuri, Chairman, State Bank of India. They also released the CII-PwC Report on ‘Carving a New Path through Innovation’. Mr Manoj K Kashyap, Executive Director & Leader – Financial Services, PricewaterhouseCoopers Pvt. Ltd. gave an overview on the Report. The Summit was addressed by international speakers and eminent professionals from the Indian Banking Technology Industry. Over 250 MDs, CEOs & CIOs, along with cross functional professionals from the Banking & IT Industry participated at the Summit.

The 6th edition of BANKing TECH Summit, CII’s flagship International Conference for the Indian Banking Technology Industry was held on 28 June 2011 concurrent to the Banking Tech Expo 2011 in Mumbai.

The Summit focused on expanding the frontiers of the Banking industry with innovations in technology.

The Summit was inaugurated by Chief Guest, Dr K C Chakrabarty, Deputy Governor, Reserve Bank of India who released the CII-PwC Report on ‘Changing Rules of the Game through Technology’. Mr Robert L Lattimore, Executive Director, PricewaterhouseCoopers Pvt. Ltd. gave an overview on the Report. The Summit was addressed by international speakers and eminent professionals from the Indian Banking Technology Industry. Over 250 MDs, CEOs & CIOs, along with cross functional professionals from the Banking & IT Industry participated at the Summit.

The 5th edition of BANKing TECH Summit 2010, CII’s flagship International Conference for the Indian Banking Technology Industry was held on 24 February 2010 concurrent to the Banking Tech Expo 2010 in Mumbai. The Summit focused on the challenges faced by the banking sector and ways to circumvent them and also newer avenues of revenues to maximize growth.

he Summit was inaugurated by Chief Guest, Mr S R Rao, Additional Secretary – Information Technology, Ministry of Communications & Information Technology, Government of India who released the CII-PwC Report on “Revving Up New Age Banking With Technology”. Mr O P Bhatt, Chairman, State Bank of India was the Guest of Honour at the Summit. Mr Tim Pope, Partner, PricewaterhouseCoopers LLP, UK, gave an overview on the report. The Summit was addressed by international speakers and eminent professionals from the Indian Banking Technology Industry. Over 250 MDs, CEOs & CIOs, along with cross functional professionals from the Banking & IT Industry participated at the Summit.

The 4th edition of BANKing TECH Summit 2009, CII’s flagship International Conference for the Indian Banking Technology Industry was held on 23 March 2009 concurrent to the Banking TechExpo 2009 in Mumbai.

The Summit focused on the emerging opportunities, the challenges for the financial sector, the implementation of new policies and technology preparedness under the scenario of risk faced by the large financial community and a host of other issues.

The Summit was inaugurated by Chief Guest, Ms Shyamala Gopinath, Deputy Governor, RBI, and later, the Guest of Honour, Dr K C Chakrabarty, Chairman & Managing Director, Punjab National Bank, released the CII – PwC Report “Managing Recession: Key Recommendations”. Mr Robert L Lattimore, Partner, Advisory Services, PricewaterhouseCoopers LLP, gave an overview on the report. The Summit was addressed by international speakers and eminent professionals from the Indian Banking Technology Industry. Over 250 MDs, CEOs & CIOs, along with cross functional professionals from the Banking & IT Industry participated at the Summit.

The 3rd edition of BANKing TECH Summit 2008, CII’s flagship International Conference for the Indian Banking Technology Industry was held on 25 February 2009 concurrent to Banking Tech Expo 2008 in Mumbai.

The Summit provided attention towards key areas of International Competitiveness, Risk Management, Technology Standardization and a host of other issues. It also aimed at various opportunities and challenges that lay before this crucial sector and the possible enablers for future growth of the financial community.

The Summit was inaugurated by Dr R B Barman, Executive Director, Reserve Bank of India who later released CII-PwC Study Report on “Integrating with the Global Banking – Industry Issues and Challenges Relating to Technology” which was also addressed by Jairaj Purandare, Executive Director In-charge, PricewaterhouseCoopers India – West and Country Leader – Markets & Industries, PricewaterhouseCoopers Pvt. Ltd. along with a galaxy of international speakers and eminent professionals from the Indian Banking Technology Industry. Over 250 MDs, CEOs & CIOs, along with cross functional professionals from the Banking & IT Industry participated, at the Summit.

The Summit was inaugurated by Dr R B Barman, Executive Director, Reserve Bank of India and was addressed by Mr John Garvey, Partner, Financial Services Leader, PricewaterhouseCoopers Pvt. Ltd. along with a galaxy of international speakers and eminent professionals from the Indian Banking Technology Industry. Over 250 MDs, CEOs & CIOs, alongwith cross functional professionals from the Banking & IT Industry participated, at the Summit.

The first edition of Banking Tech Summit 2006, CII’s flagship International Conference for the Indian Banking Technology Industry was held on 16 – 17 January 2006 concurrent to Banking Tech Expo 2006 in Mumbai. The Summit provided a platform for discussing business level trends, changing technologies and emerging role of IT in banking in the coming years.

The Summit was inaugurated by Dr R B Barman, Executive Director, Reserve Bank of India and was addressed by international speakers and a galaxy of eminent professionals from the Indian Banking Technology Industry. Over 250 MDs, CEOs & CIOs, alongwith cross functional professionals from the Banking & IT Industry participated, at the Summit.